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Schindler’s Property Law Manual (May 2016) | Question 2 Detailed Solution, Analysis & Exam Guide

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This document provides a comprehensive solution and legal analysis for Question 2 of the Schindler’s Property Law Manual (May 2016). It includes detailed explanations of relevant property law principles, case references, and practical applications to help students understand the legal issues involved. The material is ideal for assignment support, exam preparation, coursework revision, and developing a deeper understanding of property law concepts and problem-solving techniques.

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principles and statutes to the facts presented in the scenario.Multiple Choice Questions (MCQs): Some law exams, particularly in foundational subjects like contract law or tort law, may feature MCQs designed to test
knowledge of legal terminology and fundamental concepts.Long Answer Questions: These questions may require students to elaborate on a particular legal principle or case, exploring various perspectives or
discussing its implications in practice.2.3. Skills Tested in Law ExamsLegal Analysis and Application: Law exams test a student’s ability to identify relevant legal issues, apply appropriate laws and precedents, and
reach conclusions based on the facts presented. This requires a deep understanding of case law and statutory law.Critical Thinking: Law students must think critically about the ethical implications of legal decisions
and analyze the potential consequences of ls for applying theory to practical scenarioseconomics, entrepreneurship, and international business.1.2. Structure of Business ExamsBusiness exams are often




PROPERTY LAW
MANUAL



© MAY 2016

, principles and statutes to the facts presented in the scenario.Multiple Choice Questions (MCQs): Some law exams, particularly in
foundational subjects like contract law or tort law, may feature MCQs designed to test knowledge of legal terminology and fundamental
concepts.Long Answer Questions: These questions may require students to elaborate on a particular legal principle or case, exploring
various perspectives or discussing its implications in practice.2.3. Skills Tested in Law ExamsLegal Analysis and Application: Law
exams test a student’s ability to identify relevant legal issues, apply appropriate laws and precedents, and reach conclusions based on
the facts presented. This requires a deep understanding of case law and statutory law.Critical Thinking: Law students must think
critically about the ethical implications of legal decisions and analyze the potential consequences of ls for applying theory to
practical scenarios

CONTENTS
INTRODUCTION

1. Schedule of Contacts 5

2. Schindlers Conveyancing Department – Profile 6



processes. A typical business program might cover topics like accounting, finance, marketing, management, economics, entrepreneurship, and international business.1.2. Structure of
Business ExamsBusiness exams are often




GENERAL CONVEYANCING

3. Who are Conveyancers 8

4. Conveyancing Flow Chart 9

5. Deeds Office Procedure 10

6. Financial Intelligence Centre Act No. 38 of 2001 11

7. Offer to Purchase Check List 12

8. Common Pitfalls in Offers to Purchase 14

9. General Conveyancing Concepts 18

10. Mortgage Bond Types and Registration Procedure 21

11. Mortgage Bond Conditions 23

12. Rates Clearance Certificates 24

13. City of Johannesburg 25

14. Ekurhuleni Metropolitan Municipality & ESKOM 27

15. Guarantees 28

16. Rules for 90 Day Notice Period for Bond Cancellations 29



VOETSTOOTS

17. Voetstoots: What all Sellers and Purchasers should know 30

18. Voetstoots and the Consumer Protection Act 31

19. Voetstoots: Statutory Building Plans 32



PREPARING TO SELL OR PURCHASE IMMOVABLE PROPERTY

20. Seller’s Guide to Selling Immovable Property 33

21. Purchaser’s Guide to Purchasing Immovable Property 36

22. The Importance of Deeds Office Searches 39

, 23. Steps to take prior to marketing Immovable Property 41

24. Costs in respect of the sale of a property for which the Seller is liable 43

25. Powers of Attorney 44

26. Sale of Property Owning Companies / CC’s / Trusts 46

principles and statutes to the facts presented in the scenario.Multiple Choice Questions (MCQs): Some law exams, particularly in foundational subjects like contract law or tort law, may feature MCQs designed to test
knowledge of legal terminology and fundamental concepts.Long Answer Questions: These questions may require students to elaborate on a particular legal principle or case, exploring various perspectives or
discussing its implications in practice.2.3. Skills Tested in Law ExamsLegal Analysis and Application: Law exams test a student’s ability to identify relevant legal issues, apply appropriate laws and precedents, and
reach conclusions based on the facts presented. This requires a deep understanding of case law and statutory law.Critical Thinking: Law students must think critically about the ethical implications of legal decisions
and analyze the potential consequences of ls for applying theory to practical scenarios



SECTIONAL TITLE PROPERTY

27. Sectional Title Property 47

28. Section 25 of the Sectional Titles Act – Real Rights of Extension 51



CONTRACTUAL CAPACITY

29. Contractual Capacity of Natural Persons 52

30. Domicile 54

31. Contracting by and with Companies / CC's / Trusts 55

32. Case Note – The Trustees Authority to Act on behalf of a Trust 56

33. What you need to know about Section 112 of the Companies Act. 57

34. Trusts and Immovable Property 58

34. Immovable Property Sales Involving a Deceased Estate 62

processes. A typical business program might cover topics like accounting, finance, marketing, management, economics, entrepreneurship, and international business.1.2.
Structure of Business ExamsBusiness exams are often




FOREIGNERS / NON RESIDENTS

35. Foreigners and Immovable Property in South Africa 64

36. Withholding of funds payable to non-resident Sellers – Section 35A of the

Income Tax Act 67

37. Emigration 68



TAX ISSUES

38. Transfer Duty 70

39. VAT 72

40. What you need to know about Capital Gains Tax 74

41. The Effect of the February 2016 Budget Speech on Property 75

42. Notional Input Tax Credit: Fixed Property Acquisitions 77

43. Non-Residency in terms of the Income Tax Act 78

44. Donations Tax and Estate Planning – Immovable Property Sales 80

, CERTIFICATES OF COMPLIANCE

45. Electrical Compliance Certificates 82

46. Certificate of Conformity for Gas Appliances 83

47. Electric Fence System Certificates of Compliance 84

48. Disputes regarding Electrical Compliance Certificates 85

principles and statutes to the facts presented in the scenario.Multiple Choice Questions (MCQs): Some law exams, particularly in foundational subjects like contract law or tort law, may feature MCQs designed to test
knowledge of legal terminology and fundamental concepts.Long Answer Questions: These questions may require students to elaborate on a particular legal principle or case, exploring various perspectives or
discussing its implications in practice.2.3. Skills Tested in Law ExamsLegal Analysis and Application: Law exams test a student’s ability to identify relevant legal issues, apply appropriate laws and precedents, and
reach conclusions based on the facts presented. This requires a deep understanding of case law and statutory law.Critical Thinking: Law students must think critically about the ethical implications of legal decisions
and analyze the potential consequences of ls for applying theory to practical scenarios


DEVELOPMENTS

49. Developments – Freehold Title 86

50. Developments – Sectional Title 89

51. The Basics of Town Planning 91

52. Engineering Contribution Figures 94

53. When are Engineering Contribution Figures Due and Payable 97

54. Sub-dividing your property – what you need to know 99

55. NHBRC Certificates 100

56. Home Owners Associations 101

processes. A typical business program might cover topics like accounting, finance, marketing, management, economics, entrepreneurship, and international business.1.2.
Structure of Business ExamsBusiness exams are often




CASE NOTES

57. Case Note – Suspensive clauses in sale agreements 103

58. Case Note – Bond granted on usual terms and conditions 104

59. Case Note - Validity of oral variations 105

60. Case Note – Validity of deed of sale after offer has lapsed 106

61. Case Note – Effective Cause of a Sale 107

62. Case Note – What Constitutes a Fixture 108

63. Case Note – Drainage of Water 109

64. Case Note – Housing Consumer Protection Measures Act 110

65. Case Note – Municipal Systems Act ~ Rates Clearance Certificates 111



GENERAL ARTICLES

66. How to Deal with Movable Property in Immovable Property Sales 112

67. The Doctrine of Fictional Fulfilment 113

68. Property Investors vs Property Speculators 114

69. Section 34 of the Insolvency Act 115

70. Tripartite Agreements and Nomination Clauses 116

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